Pool Re
Pool Re treaty modernisation to enable more flexibility for members
Pool Re members and HM Treasury have backed the board’s proposals to transform the government-backed terrorism reinsurer, switching the model of the scheme’s offering in a move the carrier stated would keep it relevant and fit for purpose in the digital age.
News analysis: Post FCA Covid-19 test case how are brokers finding the BI market?
Business interruption was put in the spotlight during Covid-19, as insurers insisted that the pandemic was not covered in policies, Insurance Age looks at how BI has changed since then.
Pool Re boss Julian Enoizi to join Guy Carpenter
Enoizi will join the reinsurance broker on 11 April.
Pool Re names Tom Clementi as CEO
Clementi will replace outgoing boss Julian Enoizi.
Pool Re ups retro cover to £2.5bn
The three-year agreement triggers if losses top £400m in a year.
Pool Re boss to exit next year
Julian Enoizi is to step down in Spring 2022 after leading the terrorism reinsurer for eight years, with Pool Re stating that the process of finding his successor has begun.
Pool Re's Julian Enoizi named president of the Insurance Institute of London
He succeeds AIG CEO Anthony Baldwin as Chris Lay, CEO of Marsh UK & Ireland, comes on board as deputy president.
Pool Re appoints chair
The former boss of the British Bankers Association, Angela Knight, takes the non-exec chair position at the terrorism reinsurer.
Brokers urged to take action to tackle reputational damage
Panellists at this year's CII Conference discuss the need to build public trust in insurance after the expectation gap between consumers and the industry has widened as a result of the pandemic.
CII creates Presidents Forum to assess customer needs
Aon UK's Julie Page will chair the group which has been developed to discuss the changing insurance needs of consumers and SME businesses with the aim of creating guidance and key actions for further development.
People Moves: 8 - 12 March 2021
Stay informed of all the personnel changes across brokers and insurers.
People Moves: 1 - 5 March 2021
Stay up-to-date with the latest personnel changes in insurance.
Treasury launches latest five year review into Pool Re
Pool Re is forming an advisory group consisting of insurance CEOs and other stakeholders to advise it throughout the review, which will determine its strategic direction for the next five years.
Fiducia develops terrorism policy
The product covers nuclear, biological, chemical and radiological attacks.
Covid-19: Biba backs Pandemic Re solution for future pandemics
Executive director Graeme Trudgill urges sector to look at a long-term solution as he highlights that the industry does not have enough money to cover claims arising from the coronavirus crisis.
Covid-19: Broker calls on Chancellor to release Pool Re funds for BI claims
NDML is asking for some of Pool Re’s £6.6bn cash to be used to help businesses in the leisure and hospitality sector which have been hit by coronavirus.
Covid-19: Stephen Catlin heads up industry steering group on pandemic response
The group, which has members including Aviva's Maurice Tulloch and RSA's Stephen Hester, is working closely with Pool Re to develop solutions to the crisis.
Pool Re set to become part of the government
Pool Re to operate as it currently does until 31 March 2021, while a range of options are considered.
Biba and Pool Re launch guide to terrorism insurance
The organisations have worked with the government to develop the guidance.
GRP-owned EPUL adds non-damage BI cover to terrorism product
Move follows Pool Re’s extension of its cover to include non-damage business interruption.
Market welcomes Pool Re non-damage BI extension
The Counter Terrorism and Border Security Bill, which outlines how Pool Re can operate, received Royal Assent yesterday (13 February).